See family everyday See friends and loved ones multiple times a week Be in Nature once a week New and novel experiences once a month Feel like a man, hunting, or whatever sport makes you feel tough, once a quarter. My First Million, Ep. 301, minute 1:01:30 Continue reading The Five Pillars of happiness according to Andrew Wilkinson
Andrew Wilkinson’s partner, Chris has this framework. If you say to a potential employee, partner, etc. “the ball is in your court”, do they follw-up in 24 hours? Do they move the ball forward? My First Million, Ep. 301, minute 49:02 Continue reading How to spot an All-star?
You gotta be creative and take that many dollars of budget and make it feel like a trillion dollars of budget. Sam Parr organized a visit to Costco with the employees from The Hustle. In teams of 2 or 4, they were given a 200$ budget and they had 30mins to go into costco and buy the coolest stuff for the office and food for lunch. Everyone was then voting on who had picked the best goods. My First Million, Ep. 299, minute 1:01:10 Continue reading Idea for team building activity
By hearing how your product actually changed the customers’ life, your sales team will believe in what they are selling. They will know that it truly works and there is nothing more convincing than someone who truly believe in something. You can either trick yourself into having the right tone -Alex Hormozi on My First Million, Ep. 271 at 1h04mins Continue reading The best way to train a sales team is to get them to listen to the testimonials of the people that they sold to last week
Equal risk, Equal rewards. Andrew asks the employees that will get equity in the business to have skin in the game. That can take the form of them buying some stock options with a check or the company offering them a loan personally. -Andrew Wilkinson, MFM podcast min. 41 Continue reading For employees to get equity, they must feel like they can lose something
The next time someone tries to tell you to do something because big companies do it, be suspicious. Don’t let them infect your company with the thing that’s slowly killing theirs. -Ravi Gupta, quoted by Shaan Puri, My First Million, Ep. 278, minute 19:30 Continue reading Should you follow what big companies do?
-Nathan Barry quoting his friend, My First Million Continue reading If you work with you mind, you should rest with your hands
In a tower of Jenga, if you remove some blocks, nothing happens, the tower is totally fine. And other blocks are kind of the key anchors, when you remove them, the tower crumbles. That teaches you that not all hours of the same importance. We are taught to work monday to friday, 9 to 5, but all those hours are definitely not all productive. Shaan Puri, My First Million Continue reading The Jenga Law
What’s a calendar audit? For one week, you keep track of each hour. And then what you do, the next week you just go back and pull up last week’s calendar and you take 3 colored markers. Green, red, and yellow marker. Which block gave me energy? Mark them in green. Which things sucked the energy out of me? I was drained after doing it? Mark them in red. Which block were neutral? Mark them in yellow. You look at the painting and you try to do less of the red stuff. Literally just by avoiding it, automating it or … Continue reading Do a Calendar Audit
Play a stupid game, get a stupid prize. A stupid game is to try to win an argument on twitter. To convince somebody you’re right. Ex: You’re at the carnival and you pull up at the water squirt game. And you play that game. 40mins later you’ve put in $80 and you win. You’re the big winner and you get the giant stuffed animal. You’ve just won a $6 stuffed animal. Shaan Puri, MFM Mini, A guide to asking better questions, 9min Continue reading Am I playing a stupid game?
Roadmap to Billions 